Xinhua Winshare Publishing And Media Co.,Ltd.’s Net Profit Rose 22.3% in First Quarter of 2023

Xinhua Winshare Publishing And Media Co.,Ltd. (新华文轩出版传媒股份有限公司) (601811.SH) reported a net profit of 204.6 million yuan in the first quarter of 2023, up 22.3% year-on-year.

Meanwhile, the company posted 2.3 billion yuan in revenue, up 4.7% year-on-year.

At the end of the reporting period, it had 21.5 billion yuan in total assets and 8.6 billion yuan in total liabilities, with a liability-to-asset ratio of 40.2%.